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News: CBR Gold Corp - 2005 |
  Committee Bay Resources Announces Approval of Extension of Warrant Exercise TermsMarch 17, 2005 Committee Bay Resources Ltd. ("CBR") announces that it has received the approval of the TSX Venture Exchange to extend the expiry date of its Series "F" Warrants and broker warrants for a period of one year to April 15, 2006. The Series "F" Warrants entitle the holders to acquire an aggregate of 1,750,000 common shares of CBR ("Common Shares") at an exercise price of $2.75 per Common Share and the broker warrants entitle Canaccord Capital Corporation to acquire up to 350,000 Common Shares at an exercise price of $2.25 per Common Share and up to 7,500 Common Shares at a price of $2.75 per Common Share. All of the warrants are non-transferable and were issued as part of the underwritten private placement Unit offering by CBR which closed on April 15, 2004. On behalf of the Board For further information, please contact Bernie Kennedy, Investor Relations Manager at 888-331-2269 or 604-331-2269 The TSX Venture Exchange has not reviewed and does not accept |
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